Bank of Maharashtra Fixed Deposit Bhubaneshwar

About Bank of Maharashtra Fixed Deposit Bhubaneshwar

Bhubaneshwar is the capital of the state of Odisha and also happens to be an influential centre of economic and religious importance in the eastern part of India. Bank of Maharashtra Fixed Deposits has had a considerably major role to play in the development of this city and its people. People of Bhubaneshwar have accepted this product with much appreciation as they match up the prudent mind set of the bank. Keeping in mind the savings that need to be made for the financial emergencies, this has been a successful product in this city. Read more to know about how you can make use of this product for yourself!

Bank of Maharashtra Fixed Deposit Bhubaneshwar at a Glance

ParticularsDetails
Interest Rate3.50% - 6.60%
Minimum Deposit Amount₹ 1,000 and in multiples of ₹ 100, thereafter
Tenure1 year to 10 years

Criteria of Eligibility

The eligibility criteria to open a fixed deposit account with the Bank of Maharashtra is quite liberal. Below listed individuals can avail the service of fixed deposit from the bank-

  • Individuals
    • An Indian Resident
    • A Non-resident Indian (NRI)
    • Minors
    • Joint Depositors
    • Sole Proprietorship Firms
    • Private Limited Companies
    • Partnership Firm
    • Trusts
    • Associations
    • Clubs
    • Hindu Undivided Families (HUFs)

Documentation Required

Below is the list of documents required by the applicants in order to avail a fixed deposit from Bank of Maharashtra:

Documents required for Individuals, Joint Depositors, HUFs and Sole Proprietorship Firms

  • ID Proof
  • Bank Statement for at least last 6 months
  • Photographs

Documents required for Private Limited Companies

  • Certificate of Incorporation
  • Letter of Authority or the Board Resolution
  • Memorandum & Articles of Association
  • Certificate of Commencement of Business (Public Limited Company)
  • Form 32, where list of directors are not original subscribers to Memorandum & Articles of Association (for Private Limited Companies), duly acknowledged by ROC
  • Governing Act / Rules and Regulations ( for PSUs) (certified true copy)

Documents required for Partnership Firms

  • Partnership Deed
  • Letter from partners approving the person concerned to open and operate the account
  • Photographs of the person operating the account

Documents required for Trusts

  • Copy of the Trust Deed
  • Copy of the Registration Certificate
  • Copy of the resolution of trustee authorizing the member to operate and open the accounts
  • Photographs of the member operating the account

Documents required for Clubs/Associations

By-laws of the Association

  • Copy of the Resolution by the board authorizing the members concerned to open and operate the account
  • Photographs of the members operating the account

For additional information, visit Fixed Deposit Bhubaneshwar.

Bank of Maharashtra Bank Fixed Deposit Bhubaneshwar Branches

Branch NameAddressIFSC CodeMICRContact details
BhubaneswarPlot No. - 426/2260, Near N.H - 5, N.B Tower, Nayapalli, Bhubaneswar- 751012MAHB00011827510140020674-2564018

 

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